Finance Professionals Training and Development Financial News Update

A regular roundup of essential reading, useful for anyone interested in banking, financial market and economics

Just in case ALL the attention was switching to Jackson Hole .... a not-so-gentle reminder from the President. ref : General
The US couldn't really default, surely ? Well, actually ...... ref :- "McConnell says there is "zero chance" Congress will fail to raise debt ceiling" , The Washington Post , Workblog
Bannon's gone and Jackson Hole looms ..... the market's not sure what to make of either one ref :- "Yellen, Draghi Head to Jackson Hole Amid Inflation Unease " , Bloomberg Markets
The Fed minutes confirm a healthy debate ..... but don't tell us anything we didn't already know. ref : "Fed Sees Balance-Sheet Move Soon as Inflation Debate Heats Up" , Bloomberg Markets
The desperate search for yield spells danger for the unwary...
The answer to "What's going to give the Fear Index a boost ?" was staring us in the face all along .... The threat of Thermonuclear War, silly ! ref :- General
The Euro bandwagon makes perfect sense of course , but be careful ..... there's no such thing in markets as a foregone conclusion. ref :- "Investors Jump Back Into the Euro as Going Short Proves "Lethal" " , Bloomberg Markets
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